The index of Nepal Stock Exchange (Nepse), the sole secondary market of the country recovered over the week, thanks to good performance of commercial banks.

The Nepse index registered a growth of 1.14 points against previous week’s loss of 1.16 points, reaching its index to 382.56 points on Thursday, last day of share transaction under regular lot from 381.42 points of Sunday, opening day of share transaction.

A total of 210,841 units of shares worth over Rs 74.9 million were traded through 2,087 transactions over the week as compared to previous week’s transaction of 300,093 shares from 1,573 transactions worth Rs 107.5 million.

The weekly trading report shows that among eight groups, five groups registered growth, while two groups remained constant and one lost.

The commercial banks group, recovered with a marginal growth of 0.66 point reaching its index to 424.46 points on Thursday up from 423.80 points.

The hotel group, registered growth of 1.34 points over the week, as its index closed at 180.96 points from the opening 179.62 points on Sunday.

The insurance and the finance groups also gained by 4.38 points and three points growth respectively, reaching their indices to 399.16 points and 267.57 points up from 394.78 points and 264.57 points.

The development bank group, recovered with a healthy growth of 5.83 points as the group began its trading at 308.19 points on Sunday and closed at 314.02 points on Thursday.

On other hand, the other group suffered a marginal loss, as its index closed at 416.20 points on Thursday down from the opening 416.57 points on Sunday.

However, the indices of manufacturing and the trading group remained static at 322.29 points and 150.72 points respectively throughout the week.

The commercial banks group captured 70.90 percent share of transactions, while the finance group had 13.35 percent share. The others group accounted for 6.31 percent share. Insurance and development banks groups made up 5.93 percent and 3.11 percent shares respectively.